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Disney+ Hits 94.9M Subscribers, But Revenue Per User Drops To $4.03 Due To Hotstar Combo

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Disney+ continues to sprint ahead of the pack of new streaming services, reaching 94.9 million subscribers as of December 31, but its average revenue per user plunged 28% from year-ago levels.The subscriber growth was at the high end of analysts’ estimates.

ESPN+ is now at 12.1 million subscribers, nearly double the amount of a year ago, and Hulu rose 30% to 39.4 million subscribers across its on-demand service and the Hulu + Live TV bundle.

With 4 million subscribers to the live bundle, Hulu is now the fifth-largest pay-TV operator in the U.S.The numbers were highlighted in the company’s fiscal first quarter earnings report.

Read more on deadline.com
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